Bills owner Terry Pegula to explore sale of minority stake of team


by Buffalo News

Buffalo News— “The Pegula family has retained Allen & Company to explore the potential sale of a non-controlling, minority interest in the Bills," the team said in a statement Friday afternoon.

The Boston Globe—Bills owner Pegula explores selling minority stake in franchise. ORCHARD PARK, N.Y. — Buffalo Bills owners Terry and Kim Pegula are exploring the possibility of selling a non-controlling, minority interest...

Buffalo Rumblings—Terry Pegula exploring selling 25% minority-stake ownership in Buffalo Bills, per report. The Buffalo Bills are exploring a potential 25% minority shareholder’s stake in team ownership, per an article by Tim Graham with The Athletic, with the Bills confirming as much is true. With the news still in its infancy, there aren’t a lot of solid, reported details to share at this point. Per Graham’s article, co-owner Terry Pegula “has hired Florida-based investment bankers Allen & Company to handle the potential transactions but declined to say how much of the team is being sold.” Graham...

ESPN—Pegula eyes sale of noncontrolling, minority stake in Bills. Bills owner Terry Pegula is looking into a potential sale of a minority interest in the team, one that, if completed, would not involve changing the Pegula family's controlling interest.